Should I consider Contents Insurance if I already have Community Association Insurance?
CHU’s Community Association Insurance Plan covers for accidental loss or damage to community property, such as shared roads, street lighting, communal above and below ground services/utilities, but does not provide cover your personal belongings within your own home. As renter within a home, you must obtain your own insurances should you wish to protect your personal possessions.
Contents insurance protects the personal items in your home – things like furniture, clothing, jewellery, phones, TVs, computers, internal carpets, blinds, and electrical items and kitchen appliances – against events such as fire, flood, theft, and more.
If your home unit becomes unfit to live in, we will cover reasonable accommodation costs as an added benefit paid in addition to your contents sum insured.
What is included in CHU’s Contents Insurance for Strata product?
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Standard features and insured events |
Not included |
Read the PDS and TMD for full terms, conditions and exclusions. |
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Optional Extras
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Contents Insurance Estimate Calculator
Use the contents insurance calculator for a general estimate of what it might cost to replace your belongings with new items. This is a guide only, so ensure it reflects the true replacement value.
Choosing the right ‘contents sum insured’ helps avoid underinsurance. The calculator uses basic details to estimate this amount, which you can adjust. Most items are covered on a new-for-old basis.
If you're unsure about the right amount to insure for, we recommend seeking professional advice.
Contents Insurance for Community Association FAQ
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Do I need contents insurance if I already have Community Association Insurance?
Do I need contents insurance if I already have Community Association Insurance?
Yes. Community Association Insurance covers shared property and communal building structures, but not your personal belongings or legal liability. Contents Insurance protects what’s inside your individual home.
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Is temporary accommodation included if my home becomes uninhabitable?
Is temporary accommodation included if my home becomes uninhabitable?
Yes. If your home is made unfit to live in due to an insured event, CHU covers reasonable temporary accommodation costs — up to 24 months for lot owners and up to 6 weeks for renters.
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Can I get cover for items I take outside the home?
Can I get cover for items I take outside the home?
Yes. By adding the Portable Contents option, you can cover selected valuables like mobile phones, jewellery, and bicycles when you’re out and about — even overseas for up to 90 consecutive days.
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Can I add cover for accidental damage?
Can I add cover for accidental damage?
Yes. You can include Accidental Damage Cover for an additional premium. This protects against mishaps like dropped devices or spilled drinks.
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What’s not covered by contents insurance?
What’s not covered by contents insurance?
Exclusions include wear and tear, mould, rust, rising damp, and damage to sporting equipment while in use. Always check the PDS for full details.
